I'll agree with you on that one, Joe. I don't think I've ever seen this "sell" for that kind of price, though I've seen them listed pretty high.
In fact, there is a beautiful one (way, way nicer than this one) on eBay right now for a Buy It Now of $349. If they are cleaned up adjusted, they sell for $250 to $350 on ebay.
Ask him where he saw them selling for that kind of price - I'd love to know as I've never found a market that will pay that and would love to dump some of my junk!